We鈥檙e pleased to publish our 2025 Annual Report, which is now available to read and download.
FY25 has been a significant year for us. We saw growth in revenue and underlying operating profit above expectations, and overall cash generation better than forecast at the beginning of the year.
We rejoined the FTSE 100 index in March and celebrated many operational highlights, including:
Awarded sole-source five-year British Army strategic support partner contract extension 鈥楻eframe鈥� worth 拢1 billion
The opening of Devonport鈥檚 9 Dock after a significant regeneration, and HMS Victorious docked
Awarded 拢114million contract to support the first nuclear submarine defueling operations in over 20 years
Launched H&B Defence joint venture with HII in Australia to support AUKUS
David Lockwood, Chief Executive, said: 鈥淔Y25 was a pivotal year for 麻豆传媒映画, demonstrating the strength of the business we have built over recent years. Financial performance was particularly strong with full year results ahead of our upgraded guidance, while a complex and rapidly changing global context for defence has highlighted the increasing relevance of our specialist capabilities.鈥�
With operational momentum across the business, we鈥檙e well-positioned for a new era of聽defence as we continue to create a safe and secure world, together.